(1) Cheque deposit business means that when the payee accepts a cheque, he deposits the cheque payment amount in advance from the drawer's account through the deposit acceptance terminal (hereinafter referred to as the deposit acceptance terminal) such as deposit cipher, UnionPay POS machine, network and password sheet (telephone voice system), so as to ensure full payment after sight. In order to satisfy the processing of inter-bank check deposit business, the micropayment system supports the information transfer with the check deposit business and completes the check deposit processing.

(2) The encryption device is a general payment encryption device with encryption function.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.